During this financial year, GMR Infrastructure, the Bangalore-based infrastructure major is set to infuse Rs 1,700 crore fresh equity capital in its energy business. The GMR Energy business presently consists of six operating assets with a cumulative capacity of 837 mw and four generation projects under various stages of construction with an aggregate capacity of 3,788 mw.
Tag: equity capital
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SBI can't sponsor infra fund
State Bank of India (SBI) can't set up a new unit to run the operation owing to a regulatory hurdle.
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It is during the project execution stage that the boys will be differentiated from the men
Andhra Bank recently announced plans to focus on infrastructure lending. Although relatively modest in volumes, at Rs 12,650 crore, the bank has devoted approximately 19 per cent to infrastructure.